fbpx

PROFILE

MY SUBSCRIPTION

LOGOUT

x

The latest industry news to your inbox.

    

I'd like to hear about marketing opportunities

    

I accept IQ Magazine's Terms and Conditions and Privacy Policy

news

Live Nation-Ticketmaster consent decree extended

The DOJ will continue to monitor Live Nation Entertainment until at least 2025, as a Washington DC court signs off on a ‘consent decree’ extension

By IQ on 30 Jan 2020

The US district court for Columbia

The US district court for Columbia


image © Phyzome/Wikimedia Commons

The US district court for the District of Columbia (Washington DC) has issued a judgment extending the ‘consent decree’ governing the 2010 merger of Live Nation and Ticketmaster for a further five and a half years.

Live Nation reached a settlement extending the decree with the United States Department of Justice (DOJ) in December, following a DOJ investigation into alleged anti-competitive business practices.

The DOJ alleges Live Nation has violated provisions of the decree – which, among other things, requires Ticketmaster to license its ticketing software to competitors – on multiple occasions over the past decade. The claims are strenuously denied by Live Nation, which says the North American ticketing market is more competitive now than ever.

As a result of the court judgment, Live Nation will pay the DOJ’s costs, as well as fees for monitoring and enforcement of the decree through 2025.

“We strongly disagree with the DOJ’s allegations in the filing and the conclusions they seek to draw”

Makan Delrahim, assistant attorney-general in the DOJ’s antitrust (competition) division, says: “The amended decree reimburses the American people millions of dollars and makes it easier for the antitrust division and state enforcers to identify and prosecute future transgressions.”

“Live Nation settled this matter to make clear that it has no interest in threatening or retaliating against venues that consider or choose other ticketing companies,” said a Live Nation spokesperson in a statement issued on 9 January.

“We strongly disagree with the DOJ’s allegations in the filing and the conclusions they seek to draw from six isolated episodes among some 5,000 ticketing deals negotiated during the life of the consent decree. [In a court filing earlier this month, DOJ lawyers submitted evidence they allege shows instances in which six venues were told Live Nation would stop booking acts there if they used a ticketing company other than Ticketmaster.]

“Nevertheless, in keeping with our decision to settle, our focus is now on bringing this matter to its conclusion and continuing to deliver the best live event experiences to fans everywhere.”

Photo: Phyzome/Wikimedia Commons (CC BY-SA 3.0)

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

FOLLOW IQ

Leave a Reply

Your email address will not be published. Required fields are marked *